World oil
supply is an important element of global economic policies. The Hilbert curve
anticipating peak oil production acting with oil prices and supply and demand
have substantially effect recent geopolitical structures. The development of
fracking to a certain extent has blown up thee Hilbert curve and set a
substantial future of reliance on oil as a primary fuel of global economic
engines and taxation. Because of America’s historical reliance on that
previously scarce commodity oil corporations have been an overly influential
power in the U.S. political system. In Alaska for instance, Proposition 1 will
decide of Sarah Palin’s progressive tax on oil corporations should be restored
or if hefty tax cuts for big oil should remain.
Oil
corporations and the military-industrial complex comprise a significant portion
of the U.S. national economy. Because of the
desire of that sector to take the Presidency in order to implement it’s
favorite policies with sometimes costly to the taxpayer consequences it is
worth considering what might happen if another oil exec sits in the White House
or equally as bad, if the a Clinton legacy continues to warp the Democrat
Party.
If an oily
President is elected in 2016 it would not be as if a field grade military
officer were elected to the Senate House or Presidency where civilians prefer
to control the military rather than vice verse, instead an oily President would
need to create policies favorable to oil corporate profits nationally and
internationally and that would not be as simple as it might have been before
the fracking of the Hilbert curve.
If national
oil supply is regarded as an abstract value X and that of every nation on Earth
designated X1,X2,X3… then it is notable that the quantity of oil of all 180 Xs each
of which might be regarded as variable Q1,
Q2,Q3… Those values are changed significantly by fracking recovery of existing
fields in relation to the political-economic policies as well as oil facts for
each nation X.
An oily
President traditionally needs to ascertain the Q for each X and determine what
corporate interests are regarding supply and demand in relation to oil
corporate profits. Oil corporation Supply (S) is contingent upon political
relationship to each X and in some cases cartels of Xs. Sometimes war occurs to
change X regimes in relation to its Q and protocol with corporate S.
The
complexity arising because of fracking effects on Q and S make political
relations more complex too. It is entirely possible for an American President
to mistake the effects of a war to change the leadership of an X upon S, or the
need to do so. Q may change at any time, yet as with diamonds too much supply
drives down the value and profit. It is possible that wars to restrict supply
may arise in the future as well as support for rebel movements that revolt
against a national X leader too willing to increase Q and compete with S.
Neither
oily President nor military industrialists seeking political leadership for the
opportunity to increase or defend foreign Q for S will find stable, stationary
targets to interact with. The variables of the X series will alter
significantly and the values for Q locally and globally will change too. The
change in global oil Supply-GS1 to plentiful the next 30 years will retard
development of alternate, non-greenhouse gas emitting energy sources and change
the existing paradigm for resource wars over oil supply and development. One
hopes the U.S. electorate is able to persevere in an
alternate energy development policy course free of the irrational influence of
corporate oil.
National
economic interests ought to be pursued independently of Q so that oil supply in
the supply demand curve is set more by phenomenal X policies and taxation
rather than on either GS1 or S rather than vice versa. When oily Presidential
leadership confers political empowerment upon corporate oil to determine S and its
value paradoxically the political stability and supply-demand curve might tend
to serve to wreak creative destruction upon other potential rivals to power and
energy domestically and internationally.
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